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😱🔥Experienced Trader Predicts PEPE's Massive Rally - Says It's Similar to Dogecoin 2021 Rally
Meanwhile, famous crypto investor Jameson has Decried #PEPE as the next big altcoin to watch. He draws parallels with the explosive rise of Dogecoin in 2021, suggesting that $PEPE is ready for a big rally.
PEPE Mirroring 2021 DOGE Surge
In a recent tweet, the famous investor Jameson highlighted the striking similarities between PEPE's current charts and the one before the remarkable rise of Dogecoin (DOGE) in 2021. Analysts who examined both the PEPE and DOGE charts noticed the same candlestick pattern, suggesting that PEPE was ready.
Jameson stated that a big price increase will be coming soon, predicting that a significant rise will soon affect both short positions and bears. His confidence in PEPE's potential is unshakeable and he expresses: "It is clear from my point of view that PEPE is the chosen sub-element of this cycle and will perform better than everything else."
This announcement comes at a time when the crypto market is growing in interest in altcoins and investors are constantly looking for the next big opportunity.
Pepe Technical Analysis
Pepe Coin (PEPE) is showing strong bullish signals according to the last 24-hour technical analysis. The Moving Average Convergence Divergence (MACD) indicates positive momentum with a bullish transition as the MACD line rises above the signal line. Similarly, the Awesome Oscillator (AO) reflects strong market optimism with a positive value of $0.000001806.
The Relative Strength Index (RSI) stands at a neutral level of 56, which indicates that the market is neither overbought nor oversold. In addition, the Chaikin Money Flow (CMF) shows a slight positive capital inflow with 0.03 October.
These indicators collectively point to the potential for the continuation of the upward movement in the PEPE price, indicating a bullish outlook for investors. While the market is waiting for further developments, all eyes are on PEPE to see if he can replicate the DOGE's historic rise.
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